Harsha Engineers IPO GMP, Grey Market Premium & Kostak Rates Today
Written by Lucky Wilson | KGTO Writer on September 8, 2022
Check out Harsha Engineers IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Tamilnad Bank IPO GMP is not started yet but we will have some numbers soon. Stay tuned for the latest IPO GMP numbers of Harsha Engineers IPO.
Harsha Engineers IPO is to open on September 15, 2022. The company is to raise ₹755 crores via IPO which comprises a fresh issue of ₹455 crores and an offer for sale of up to ₹300 crores from promoters. Harsha Engineers International Limited aka Harsha is one of the largest manufacturers of precision bearing cages in the organized sector in India. The company was incorporated in 2010. The company is a part of the Harsha Group. The company is amongst the leading manufacturers of precision bearing cages in the world with a market share of approximately 5% to 6% in the organized segment of the global brass, steel, and polyamide bearing cages in terms of revenue. The product range includes Brass Cages, Steel Cages, Polyamide Cages, and Stamped Components. They supply their products in over 25 countries covering five continents. The company reported revenue of ₹877 crores in 2021 against revenues of ₹900 crores in 2020. The IPO price band is fixed at ₹[.] to ₹[.] Per Equity Share. The Harsha Engineers IPO to list on NSE and BSE.
What is Harsha Engineers IPO GMP Today?
The Harsha Engineers IPO GMP aka grey market premium is ₹-.
What is Harsha Engineers IPO Kostak Rates Today?
The Harsha Engineers IPO kostak rate is ₹-.
What is Harsha Engineers IPO Subject to Sauda Price Today?
The Harsha Engineers IPO subject to sauda rates is ₹-.
Harsha Engineers IPO Expected Returns?
The Harsha Engineers expected return is -%.
| Date | GMP | Kostak | Subject to |
| 8 September | ₹- | ₹- | ₹- |
Harsha Engineers IPO Date & Price Band
| Harsha Engineers IPO Open: | September 14, 2022 |
| Harsha Engineers IPO Close: | September 16, 2022 |
| Harsha Engineers IPO Size: | Approx ₹755 Crores |
| Fresh Issue: | Approx ₹455 Crores |
| Offer for Sale: | Approx ₹300 Crores |
| Face Value: | ₹10 Per Equity Share |
| Harsha Engineers IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Harsha Engineers IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Harsha Engineers IPO Market Lot
The Harsha Engineers IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Minimum Lot Size: | Minimum [.] Shares for 1 lot |
| Minimum Amount: | ₹[.] for 1 lot |
| Maximum Lot Size: | Maximum [.] Shares for 13 lot |
| Maximum Amount: | ₹[.] for 13 lot |
Harsha Engineers IPO Allotment & Listing Dates
The Harsha Engineers IPO date is September 14 and the close date is September 16. The Harsha Engineers IPO allotment will be finalized on September 21 and the IPO listing on September 26.
| Price Band Announcement: | September, 2022 |
| Anchor Investors Allotment: | September 13, 2022 |
| Harsha Engineers IPO Open Date: | September 14, 2022 |
| Harsha Engineers IPO Close Date: | September 16, 2022 |
| Basis of Allotment: | September 21, 2022 |
| Refunds: | September 22, 2022 |
| Credit to Demat Account: | September 23, 2022 |
| Harsha Engineers IPO Listing Date: | September 26, 2022 |
Harsha Engineers IPO GMP aka Grey Market Premium FAQs:
Harsha Engineers IPO GMP is ₹- as of today.
Harsha Engineers IPO Kostak Rate is ₹- as of today.
Harsha Engineers IPO Subject to Sauda is ₹- as of today.
Harsha Engineers IPO Expected Returns is -%.
Disclaimer:
- IPO Grey Market Premium (Harsha Engineers IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
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